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What changed: Grid Metals has reported high-grade cesium, lithium, and tantalum assay results from its Phase 2 drilling at the Falcon West Property, highlighting a globally rare LCT pegmatite discovery.

StocksMedium•30 March 2026•

1 min read

Grid Metals Reports High-Grade Cesium and Lithium Assays at Falcon West Property

Key Facts

1Fuerte Metals has started a massive 40,000-meter drilling program at the Coffee Gold Project in Canada's Yukon Territory.

2The Coffee Project currently hosts 3.0 million ounces of gold in Measured and Indicated resources, plus 0.8 million ounces in Inferred resources.

3The company's shares trade on the TSX Venture Exchange under the symbol FMT and on the US OTCQB under FUEMF.

Grid Metals Corp. has reported the first assay results from its Phase 2 drill program at the 100% owned Falcon West Property. The results highlighted an exceptional discovery of 12.9% Cs2O (cesium) over 3.8 meters at the Lucy South pegmatite target. Drilling also confirmed significant values for lithium and tantalum, underscoring the presence of a globally rare LCT pegmatite system. These high-grade findings mark a significant milestone for the company in its exploration of critical and strategic minerals. Grid Metals is currently evaluating the full potential of the project as it continues its systematic drilling campaign. The market is closely watching these developments, as the high-grade nature of the assays suggests substantial resource potential at Falcon West.

Sources:

newsfilecorp.com